Hey all, glad this source is here to help. My girlfriend is in debt with 5 credit cards and we're looking into the best option. First off, we want to
avoid bankruptcy at all costs. I'm a little iffy on debt settlement, mainly because it is seems like such a gray area. The reduced debt isn't guaranteed and it has the potential to negatively affect your credit rating. This leads me to debt consolidation, however I have a couple questions:.
- Does Consolidation actually reduce the total amount of credit card debt?